Activist investor takes 6.5% stake in GoDaddy. Investment company Starboard has made a significant investment in shares of GoDaddy (NYSE: GDDY). Today, the group filed a 13D with the SEC, disclosing its ownership stake. Shares of GoDaddy are ... Continue ReadingLeave a Comment
Here’s why GoDaddy’s shares fell over 10% this morning
· Domain RegistrarsThe company points to growth challenges in the second half of the year. Shares of GoDaddy (NYSE: GDDY) fell over 10% this morning after the company announced earnings yesterday after the market closed. The company is cautioning on expectations ... Continue Reading3 Comments
GoDaddy tops $1 billion in quarterly bookings, domain revenue surges
· Domain RegistrarsGoDaddy turns in big numbers for Q1 and announces to executive hires. GoDaddy (NYSE: GDDY) reported earnings after the market closed today. The company reported its first quarter ever that topped $1 billion in bookings, generating $1.0887 ... Continue ReadingLeave a Comment
GoDaddy tops 20 million customers
· Domain RegistrarsCompany reports strong second quarter and customer base milestone. GoDaddy (NYSE: GDDY) announced its second quarter earnings this afternoon. The company now has over 20 million paying customers after adding 400,000 in the latest quarter. Q2 ... Continue ReadingLeave a Comment
Domain stocks rebound with the market
· Domain RegistrarsMany domain name companies are faring well during the pandemic. On March 14, I wrote about how domain name stocks fared during the pandemic market crash up through the close on March 13. The market wasn't done capitulating, but stocks have ... Continue Reading5 Comments
GoDaddy domains revenue hits $356 million
· UncategorizedDomain name business keeps growing at GoDaddy. GoDaddy (NYSE: GDDY) reported first quarter earnings yesterday after the market closed. First quarter revenue was $792 million, up 12% year-over-year. Bookings increased 9% year-over-year to $951 ... Continue Reading1 Comment
Godaddy expects $25-$30 million revenue hit in Q2 due to Covid-19
· Domain RegistrarsDomain name aftermarket might be a weak spot during the downturn. GoDaddy held a virtual investor day yesterday and the impact of Covid-19 was obviously a discussion topic. Ray Winborne, CFO of GoDaddy, said the pandemic had a minimal impact on ... Continue Reading1 Comment
Aman Bhutani NamesCon live blog
· Domain RegistrarsGoDaddy's (NYSE: GDDY) new CEO, Aman Bhutani, is giving a keynote presentation at NamesCon in Austin, Texas this afternoon. This is a live blog. The presentation is called Sushi, Onions and Domain Investors. Bhutani said that in the past, they ... Continue Reading2 Comments
.Com Winners & Losers: A strong month for NameSilo
· Domain RegistrarsNameSilo has strong month. Here's how other registrars fared. ICANN has published the latest official data from Verisign (NASDAQ: VRSN) about the .com namespace. This registrar-by-registrar report covers June 2019. NameSilo surged this month, ... Continue Reading2 Comments
GoDaddy reports earnings, domain revenue up nearly 10% from last year
· Domain RegistrarsDomain revenue continues upward charge at GoDaddy. The big news out of GoDaddy (NYSE: GDDY) on its Q2 earnings release wasn't the numbers. It was Scott Wagner stepping down as CEO. He is leaving for health reasons and will be replaced by Aman Bhutani, ... Continue ReadingLeave a Comment
